10 Aug Bard Will Settle 3,000 Vaginal Mesh Cases for $200M, Sources Say
At least 3,000 women who have filed vaginal mesh lawsuits against C.R. Bard will soon see a settlement in their case, sources close to the settlement deal have recently told Bloomberg.
Disclosing this information anonymously, as they are not permitted to publicly speak about the deal, the sources explained that this settlement agreement could resolve as many as 20 percent of the vaginal mesh cases Bard is currently facing. It could end up saving the company millions in punitive damages if the court and the plaintiffs ultimately accept the agreement.
Background on Bard Vaginal Mesh Litigation
Bard is among a number of medical device manufacturers that has been accused of developing defective and dangerous vaginal mesh devices. Used to treat stress urinary incontinence and pelvic organ prolapse, these devices can reportedly shrink, erode through women’s internal organs and even puncture organs once implanted.
These problems were so pervasive and dangerous that the U.S. FDA issued a national warning about them in July 2012, explaining that vaginal mesh complications are “not rare” and that about 10 percent of women need at least one revision surgery to remove dangerous mesh within five years of implantation.
More on the Proposed Bard Settlement
Although many of the details regarding this vaginal mesh settlement agreement remain unknown, what we do now at this time is that:
- The average payout per plaintiff is expected to be about $67,000 – This amount can vary, however, according to the severity of the injuries sustained and the treatments pursued as a result of those injuries.
- The court will have to review and approve the settlement first – It’s not expected that the court will put up a fight to the settlement, as U.S. District Judge Joseph Goodwin has reportedly already encouraged C.R. Bard to make a move towards these larger-scale settlements due to the risk of juries ordering millions or more in punitive damages for each case.
- There could be a minimum acceptance clause – This is a common feature of such larger-scale settlements, and these clauses generally stipulate that a minimum number of plaintiffs have to agree to accept the deal or Bard will reserve the right to retract the offer.
As more news about this settlement becomes available, we’ll blog about it. Until then, share your comments about this settlement with us on Facebook & Google+.
Contact a Phoenix Personal Injury Lawyer at the Law Office of Richard Langerman
Have you or a loved one been hurt by defective transvaginal mesh – or by any dangerous consumer or medical device? If so, a Phoenix personal injury lawyer at the Law Office of Richard Langerman is here for you, ready to fight for your rights to compensation and justice.
To set up a free, no obligations initial consult with our Phoenix lawyer, call us today at (602) 240-5525 or send us an email using the contact form at the bottom of this page.
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